was formed on 10.01 at 21:50:25 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.4441/1.4427 whereas the lower border goes across 1.4407/1.4427. The pattern width is measured on the chart at 34 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.4427 is broken, the price could continue its move toward 1.4442.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
